In a noteworthy development, the Thai government has announced the extension of measures aimed at reducing registration fees for realty transfers, including residences, single houses, semi-detached houses, row houses, commercial buildings, land, and apartments or condos not exceeding 3 million baht. These measures, initially introduced through two ministerial regulations in 2023, have been renewed and […]
The Thai cabinet has given its nod to a series of tax reductions on alcoholic beverages, with wine prices poised to see substantial drops, all in a concerted effort to stimulate the country’s tourism industry. The move comes amidst expectations that the resultant losses in excise tax revenue will be offset by increased spending from […]
In a proactive move towards fostering sustainability and Environmental, Social, and Governance (ESG) principles, the Office of Securities and Exchange Commission (SEC) has initiated a public hearing on a significant draft proposal. This development underscores the SEC Office’s dedication to ESG initiatives, aligning with its previous commitment showcased in the SEC Office Sor Mor. 18/2564 […]
In a significant stride toward modernizing the landscape of Thailand’s hospitality sector, the Ministry of Interior (MOI) recently unveiled the New Ministerial Regulations Prescribing Categories and Rules for Hotel Business Operations (No. 2) B.E. 2566 (2023), commonly known as “The New Regulation”. This transformative legislation, published in the Royal Thai Government Gazette on 30 August […]
In a bid to fortify consumer safety, the Committee on Labels, vested with authority under Section 30 and Section 31 of the Consumer Protection Act B.E. 2522, has announced a significant measure concerning products featuring laser components. Laser beams, integral to a myriad of products ranging from fax machines to laser pointers, undoubtedly offer convenience […]
The Cabinet recently approved the principles of the Ministry Regulation draft, version .. (B.E. ….), in accordance with the provisions of the Revenue Code concerning tax incentives to promote sustainable investments in the country. The proposal, submitted by the Ministry of Finance, is now under consideration by the Office of the Securities and Exchange Commission […]